Linde secured a 6 per cent year-on-year growth in profit to Tk 107 million in the second quarter through June this year even after lower sales. Its revenue dropped 3.24 per cent year-on-year to Tk 537 million in the quarter to June. A reduction in operating expenses after the sale of its welding
Bangladesh is preparing to make a major stride toward inclusive and sustainable development through the introduction of orange sukuk. Orange sukuk is an innovative Shariah-compliant financial instrument that integrates gender equality, environmental protection, and social inclusion into capital ma
Singer Bangladesh has reported a loss of Tk 310 million for the second quarter through June this year despite higher sales due to a significant increase in finance costs. The multinational electronic and home appliance manufacturer, however, said the loans it had taken funded the construction of i
Speakers at the closing ceremony of the Telecom and Digital Innovation Fair 2025 underscored the importance of transforming creative ideas into commercially viable solutions to address real-life challenges and accelerate national development. Held at the Bangladesh Telecommunication Regulatory Com
The Dhaka Stock Exchange has closed higher after a roller-coaster trading session, with the key index gaining 28 points as buying in bank and pharmaceutical shares helped the market recover from midday losses. On Thursday, the DSEX, the benchmark index of the country’s main bourse, opened at
Stocks opened higher on Thursday, with the key index of the Dhaka bourse crossing the 5400-mark in early trading, as buoyant investors continued their buying spree amid the ongoing earnings declaration season. Market analysts said the investor's positive market sentiment remained resilient, bolste
Regent Textile Mills has been ordered to withdraw its investments in its associate company Legacy Fashion in 30 days from Tuesday. The company's five directors, including the managing director, will be fined Tk 200 million each for failure to comply with the directive, according to a press stateme
Modhumoti Bank PLC plans to expand its network further by providing technology-driven banking services largely for people living in the remote areas, said its Managing Director and Chief Executive Officer Md. Shafiul Azam. In an exclusive interview with The Financial Express recently ahead of the
Six days after the resignation of Obayed Ullah-Al Masud, Professor Dr M Zubaidur Rahman has been elected chairman of Islami Bank Bangladesh PLC. He was elected chairman of the country's largest unconventional commercial bank at a board meeting of the bank held on Wednesday, according to a press re
National Bank disclosed a loss of Tk 7.63 billion for the April -June quarter this year, 4.65-time greater compared to the loss incurred in the same period last year. The financial result is not surprising given the hefty amount of non-performing loans - more than 40 per cent - the lender has. T
LafargeHolcim Bangladesh secured a 20 per cent year-on-year growth in profit to Tk 967 million in the April-June quarter this year, driven by higher sales amid growing customer confidence. The multinational cement manufacturer's earnings per share (EPS) rose to Tk 0.83 in the second quarter throug
RAK Ceramics (Bangladesh) experienced a loss of Tk 185 million in the April-June quarter this year, 20 times greater than the loss incurred in the same quarter a year earlier. A significant rise in production costs compounded by the shortage of gas supply magnified the loss reported for the second
The recent recovery of the stock market shows promise but raises alarm at the same time as non-operational companies' stocks have been flying high on the Dhaka Stock Exchange (DSE) alongside blue-chip scrips. Most of these small-cap firms have been witnessing losses pile up and there is no
